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Australia stocks higher at close of trade; S&P/ASX 200 up 1.74%

Published 05/20/2019, 02:45 AM
Updated 05/20/2019, 02:46 AM
© Reuters.  Australia stocks higher at close of trade; S&P/ASX 200 up 1.74%
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Investing.com – Australia stocks were higher after the close on Monday, as gains in the Financials, Consumer Staples and Consumer Discretionary sectors led shares higher.

At the close in Sydney, the S&P/ASX 200 rose 1.74% to hit a new 5-year high.

The best performers of the session on the S&P/ASX 200 were NIB Holdings (AX:NHF), which rose 15.79% or 0.930 points to trade at 6.820 at the close. Meanwhile, Medibank Private Ltd (AX:MPL) added 11.46% or 0.330 points to end at 3.210 and Emeco Holdings Ltd (AX:EHL) was up 9.14% or 0.170 points to 2.030 in late trade.

The worst performers of the session were Webjet Ltd (AX:WEB), which fell 7.74% or 1.300 points to trade at 15.500 at the close. Nearmap Ltd (AX:NEA) declined 5.74% or 0.220 points to end at 3.610 and Altium Ltd (AX:ALU) was down 4.63% or 1.510 points to 31.100.

Rising stocks outnumbered declining ones on the Sydney Stock Exchange by 635 to 558 and 377 ended unchanged.

Shares in NIB Holdings (AX:NHF) rose to 52-week highs; gaining 15.79% or 0.930 to 6.820.

The S&P/ASX 200 VIX, which measures the implied volatility of S&P/ASX 200 options, was down 1.20% to 13.853.

Gold Futures for June delivery was down 0.02% or 0.25 to $1275.45 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in July rose 1.30% or 0.82 to hit $63.74 a barrel, while the July Brent oil contract rose 1.40% or 1.01 to trade at $73.22 a barrel.

AUD/USD was up 0.83% to 0.6925, while AUD/JPY rose 0.32% to 76.28.

The US Dollar Index Futures was up 0.04% at 97.863.

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